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A KFC store in Seoul on Feb. 24, 2025 [YONHAP]

U.S. firm Carlyle acquires KFC Korea, plans aggressive expansion to build on restaurant's record year

U.S. private equity firm The Carlyle Group has acquired KFC Korea, the operator of KFC restaurants in Korea, as it seeks to drive aggressive expansion in Asia's fourth-largest economy, KFC Korea said Monday.

2026.4.27

Price hikes at franchises prompt Korean consumers to reconsider fast food

Food prices in Korea are starting to rise as high oil prices and a weakening won increase costs for fast food chains that rely on imported ingredients, prompting restaurants to raise menu prices.

2026.3.16

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Burger King prices to increase for second time this year on Friday

Burger King is raising prices again as the cost of eating out continues to soar. Burger King announced Wednesday that it will raise the price of 46 of its products by 4.5 percent on average starting Friday.

2022.7.27